Looking for budget-friendly real estate in San Francisco?
For $350,000, you can be the proud owner of what looks like a shack in the Outer Mission neighborhood.
Located at 16 De Long Street, the 765-square-foot wooden home boasts two bedrooms and one bathroom. The structure was built in 1906 and is advertised as a “distinguished” single-family home.
“This is San Francisco,” said realtor Brian Tran, who listed the property. “You have to take into account that the value is not always in the home, but in the land.”
According to a national rent report released by Zumper in February, the median rent for a two-bedroom house in San Francisco is about $4,650.
The house, which features wood siding, sits on a roughly 1,600-square-foot lot, meaning each square foot costs more than $450.
Tran added that the house has not been lived in “for about eight years” and both the interior and exterior need a “considerable” amount of work.
If fixer-uppers are your style, you can check out the place during an open house from 2 to 4 p.m. Sunday.